Friday, December 13, 2013

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"The desktop Windows application sends price alerts by SMS to a mobile phone. But closer examination of its code turned up several suspicious traits that indicate it may try to steal the virtual currency, wrote Kenny MacDermid, a research analyst with security company Arbor Networks."

"Tucked inside Bitcoin Alarm is a script that checks whether security software from Avast is running. If so, it stays quiet for 20 seconds. It’s a pretty solid chance that if software is checking for an antivirus engine, that it’s up to no good, MacDermid wrote.
An encrypted file inside Bitcoin Alarm turned out to be a remote-access Trojan called NetWiredRC, which can be used to steal login credentials and, in this case, bitcoins, he wrote."